Faedra Group hands over industrial park in Budapest

04
Oct
2023
News - Faedra Group hands over industrial park in Budapest #Faedra Group #Hungary #Industrial #office

by Property Forum | Industrial

Hungarian-owned real estate developer Faedra Group has opened its business and industrial park in the Southern part of the capital. The Faedra22 Park, an urban “last-mile” logistics and office facility is fully leased.


The nearly 16,500 sqm Grade “A” category, light industrial and logistics facility, Faedra22 was handed over in Budapest during the summer of 2023. Four international and local companies are leasing approximately 14,500 sqm of warehouse space and 2,000 sqm of office space. 

The facility is located in the XXII district of South Buda, at the intersection of the M0-M6 highway and main road No 6, only 15 km away from the city centre, and also easily accessible by public transportation (both buses and trains). Due to its vicinity to the city centre, the building is excellent for "last-mile" logistics operations.

"Systems to support green solutions for sustainability – electric charging stations and a heat pump system responsible for cooling and heating – have been implemented. The installation of solar panels and the building's certification are still in progress, and the industrial park will soon achieve a BREEAM In-Use 'Very Good' rating." said Bence Boronkay, CEO of Faedra Group.




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New leases

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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